83 Drewes CtLawrence TownshipNJ08648
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Lawrence Township at 83 Drewes Ct, Lawrence Township, NJ, 08648 generates $2,656/mo in rent, after a $1,957/mo payment. Total monthly income is $2,656/mo. Return on cash invested sits at 18.15% in year one, and rental yield is 7.97% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 94.65% and total cumulative return in cash sums $125,468. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,656/mo property income rather than buyer’s personal income.
Townhouse
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08648, Trenton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,031 (100%) |
| Owner Occupied HU | 7,958 (61.1%) |
| Renter Occupied HU | 4,397 (33.7%) |
| Vacant Housing Units | 676 ( 5.2%) |
| Median Home Value | $471,687 |
| Average Home Value | $498,738 |
Housing Distribution
Address Breakdown
Residential
12,538
Single Family
11,866
Multi-Family
672
Businesses
1,080
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Listed by: John Lee • Keller Williams Real Estate - Princeton
Mls Name: Bright MLS
Mls ID: #NJME2065114